Question

Andrew is single and has one dependent. He also owes self-employment taxes. To file his taxes, he must use which of the following forms?

a.1040 Schedule 4
b.1040 Schedule 2
c.1040 Schedule 3
d.1040 Schedule 5
e.1040 Schedule 1

Answer 1

To file his taxes, Andrew must use Form 1040 Schedule 3 option c. This form is used if Andrew owes self-employment taxes and has one dependent.

Step-by-step explanation:

To file his taxes, Andrew must use Form 1040 Schedule 3 option c. This form is used if Andrew owes self-employment taxes and has one dependent. Schedule 3 is used to calculate and report additional taxes owed, such as self-employment tax or the penalty for early withdrawal of savings or retirement funds. It is important for Andrew to accurately complete this form to ensure he meets his tax obligations.